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How much interest does 1 million dollars earn per year?
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asked
Oct 21, 2017
in
Investing
by
Dan09
(
300
points)
How much interest does 1 million dollars earn per year?
If someone has 1 million dollars in the bank in a savings account how much interest would that 1 million dollars earn in a savings account per year?
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1 Answer
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Oct 22, 2017
by
Jodie
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Assuming the interest being earned from the savings account is say 5% you would earn $50,000.00 per year on that 1 million dollars.
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